The past 15 years have seen a significant theme in the precious metals markets: the accumulation of gold in the East, particularly in China. This trend has sparked curiosity and speculation among investors and economists alike. Why have Eastern nations, especially China, been buying so much gold? And why did China recently break its 18-month streak of reported gold purchases? On a recent episode of Arcadia Economics, expert Vince Lanci delved into China’s strategic ambitions with gold, offering valuable insights to help us understand the context of these actions over the past decade and a half. Among the many theories…
Economy / FinanceAsiaNorth America
Comments